German clean energy startup 1KOMMA5° announced that it has raised over €70 million (USD$78 million) in a new funding round, with proceeds aimed at accelerating the development and commercialization of its platform enabling the expansion of renewable energy by connecting…
The Australian renewable energy arm of South Korean industrial conglomerate Samsung is seeking approval under the Environment Protection and Biodiversity Conservation (EPBC) Act to build another grid-scale battery energy storage system (BESS) in Australia. Samsung C&T Renewable Energy Australia has lodged…
Ingka Group, the largest IKEA retailer accounting for more than 85% of the chain’s retail sales, announced today the appointment of Erika Intiso as its new Chief Sustainability Officer, with responsibility for leading the group’s sustainability agenda, and further integrating…
Engie Chile has started commercial operations at BESS Lile, a standalone battery energy storage system (BESS) at the Mejillones Energy Complex in the Antofagasta region. The project received authorization from Chile’s National Electricity Coordinator on Sept. 25 and represents an…
French pension plan Ircantec announced that it has selected European asset managers Amundi and BNP Paribas Asset Management (BNPP AM) to manage nearly €1.6 billion of decarbonization-focused equity index mandates. Ircantec is a French complementary pension scheme with more than…
The major milestone for the Intera Renewables-owned 240 MW/960 MWh Summerfield battery energy storage system (BESS) was announced by e-Storage, the energy storage-focused subsidiary of PV giant Canadian Solar. e-Storage is delivering the project for Intera, the clean energy investment platform…
South Africa continues its push for energy storage capacity, with utility and grid operator Eskom issuing a call to work on a 21GWh pumped hydro energy storage (PHES) project.
Austria’s energy regulator E-Control has approved a new framework for electricity network charges, the Systemnutzungsentgelte-Grundsatzverordnung (SNE-G-V), which will form the basis for tariff calculations from Jan. 1, 2027. The reform increases the weighting of peak power demand, introduces time-variable energy…
Trina Storage, the energy storage unit of Trinasolar, will supply the battery system for Nozomi Energy’s 50 MW/196 MWh Nozu battery energy storage project in Oita Prefecture, Japan. The company said it will deliver its Elementa 2 Pro 5 MWh…
EcoFlow is targeting the cost of home battery storage in the US with its new Titan series, offering three models that start at 5 kWh and expand to 30 kWh, along with a pre-wired home panel to cut installation work.…